![]() The Guardian (blog) |
Euro Economy to Shrink as Spain, Italy Re-Enter Recession
Bloomberg Europe's economy will fail to grow this year with risks to the outlook “tilted to the downside” after nations from Spain to Italy slipped into recession, the European Commission said. Gross domestic product in the 17-nation euro area will drop 0.3 … Spain must take more steps to reach deficit reduction goals-Commission Spain to be in recession in 2012 and 2013: European Commission Eurozone crisis live: Spain to stay in recession until 2014, says EC |